Bybit, one of the largest crypto exchanges in the world, said Friday that a hacker took control of one of its digital wallets holding ether and transferred all the tokens to an unidentified address. The attack resulted in more than $1.

Cryptocurrency exchange Bybit said on Friday that an attacker gained control of an ether wallet and transferred the holdings to an unidentified address. Ether cold wallet was the only one that was attacked and all other wallets of the exchange were unaffected and withdrawals were proceeding normally,

Bybit has suffered the largest hack in cryptocurrency history, with $1.4 billion drained from its wallets. Ethereum futures traders saw mass liquidations, with $76 million wiped out in four hours

Bybit confirmed a series of malicious transactions, which redirected $1.46B from its cold wallets to unauthorized addresses.